How it Works
APPLY
REVIEW
APPROVAL
FUNDING
If your case doesn't settle, you don't need to pay off your loan
FAQ
What is PSF?
Pre-settlement funding is when a company gives you money right away in exchange for the right to receive a portion of your financial settlement in the future. You get money immediately to pay bills and pay nothing back until you get money from the settlement of your claims. If you never get money from your claims, you never have to pay anything back to the legal funding company (the official term for this is “non-recourse”).
This type of legal funding is not a loan; there is no debt, no monthly payments, and no risk of collections calls or wage garnishments. Any money paid to the legal funding company comes only out of the proceeds of the settlement, never out of your pocket.
What is the process?
There are four easy steps to receive your pre-settlement funding.
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Apply — Make sure you have your case information and attorney’s contact information. It’s also important to tell your attorney you are applying for funding on your legal claim so they can expect a call from us; we contact them to verify your case details.
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Approval — Alpha Lending reviews the information provided, and if you are qualified you’ll receive an approval notice and the contract to sign.
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Follow Up — After we receive your signed contract and your attorney’s acknowledgement, we’ll process the request.
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Receive Funds — We send money the same day if possible using your selected method (check or bank transfer) or the next day if it’s past the deadline (5PM ET).
What types of cases qualify?
Any Personal Injury case can qualify, submit an app to see if your case is covered.
Is this a loan?
No, this is not a loan. There is no debt, monthly payments or risk of collection calls.
Contact Us
Feel free to reach out to us for any inquiries or to discuss your pre-settlement funding needs.
For any other questions or to speak to someone on our team, call us at:
727-479-2439
